PEO - Professional Employer Organization News and Articles
| Listing Date | Article Link | Article Review / Excerpt | Reader Comments |
| 8/28/2010 | Arts Groups Strive to Balance Art and Finances
Source: Dayton Daily News | Using a PEO saved a theater company 17% on their health insurance costs. Executive Director Kevin Moore said one-time increases in foundation support helped cushion a 14 percent drop in corporate support, a 12 percent dip in individual gifts and other grant losses.
To cope, the company froze all salaries last season, the staff took a one-week unpaid furlough, and health insurance costs were reduced 17 percent by joining a PEO (professional employer organization).
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| 8/15/2010 | University of Louisville Nucleus Hires a PEO
Source: The Lane Report | University of Louisville Kentucky created an economic development entity called Nucleus to leverage the innovations in Life Sciences into the marketplace. Nucleus recognized the value provided by a Professional Employer Organization and has partnered with a PEO to provide their startup with a full suite of HR services. UofL Nucleus has also developed relationships with a number of entities to provide services needed by start-up companies. For instance, UofL Nucleus has entered into a contract with a professional employer organization (PEO) that can provide the full compendium of benefits to a start-up company, including healthcare benefits, as if the small company was a large employer. The PEO also offers back-of-the-office type services such as employment manuals and legal services.
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| 8/11/2010 | Should You Outsource your HR?
Source: Fast Casual | A tax advisor in the restaurant and hospitality industry provides some guidance for business owners about outsourcing their Human Resource tasks by engaging a Professional Employer Organization. One area of outsourcing that is becoming increasingly popular is the human resources administration function, through the use of a professional employer organization, or PEO. Sometimes referred to as an employee leasing company, a PEO enables you to outsource the human resource management functions, including payroll, employee benefits, record keeping, and workers compensation coverage. However, before deciding to outsource that important function, the restaurant owner must fully consider the benefits and risks of such an arrangement. |  Post the first comment about: Should You Outsource your HR?
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